Atlas Copco (OTCMKTS:BDNNY) was downgraded by investment analysts at UBS Group from a “neutral” rating to a “sell” rating in a note issued to investors on Monday, The Fly reports.
Other research analysts have also recently issued reports about the stock. Bank of America upgraded shares of Atlas Copco from an “underperform” rating to a “neutral” rating in a research report on Tuesday, October 29th. BMO Capital Markets began coverage on Atlas Copco in a research note on Wednesday, July 24th. They issued a “market perform” rating for the company. Nordea Equity Research raised Atlas Copco from a “hold” rating to a “buy” rating in a research note on Monday, July 22nd. Credit Suisse Group raised Atlas Copco from an “underperform” rating to a “neutral” rating in a research note on Monday, October 28th. Finally, Deutsche Bank raised Atlas Copco from a “hold” rating to a “buy” rating in a research note on Wednesday, September 4th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold”.
Shares of OTCMKTS:BDNNY traded up $2.55 during midday trading on Monday, reaching $56.99. The company had a trading volume of 200 shares, compared to its average volume of 809. The stock has a 50 day simple moving average of $49.81. Atlas Copco has a 52-week low of $41.20 and a 52-week high of $63.87.
Atlas Copco Company Profile
Boliden AB (publ), a metals company, explores for, mines, smelts, and recycles metals. It operates in two segments, Business Area Mines and Business Area Smelters. The company mines for zinc, copper, lead, gold, silver, nickel, and tellurium deposits. It operates the Aitik, the Boliden Area, and Garpenberg mines in Sweden; Tara mine in Ireland; and Kylylahti and Kevitsa mines in Finland.
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